JSW Energy to buy 70 pc stake in South African firm IOM
Date: 11-06-2010JSW Energy has entered into a Memorandum of Understanding with Osho Venture FZCO,
The MoU is part of the company's strategy to enhance fuel security for which the company is continuously evaluating various strategies and proposals to secure long-term imported coal linkages.
The pact is subject to company carrying out due diligence, execution of definitive agreements and compliance with regulatory requirements. crackcrack